Organizations Filed Purposes:
KENTUCKY SCIENCE AND TECHNOLOGY CORPORATION (KSTC) IS AN ENTREPRENEURIAL COMPANY DEDICATED TO ENHANCING THE CAPACITY OF PEOPLE, COMPANIES AND ORGANIZATIONS TO DEVELOP AND APPLY SCIENCE AND TECHNOLOGY AND COMPETE RESPONSIBLY IN THE GLOBAL MARKETPLACE. KSTC'S STRATEGIES ARE TO; 1)DEVELOP A COMPREHENSIVE INNOVATION STRATEGY THAT BRINGS TOGETHER BUSINESS, GOVERNMENT AND EDUCATION AS FULL PARTNERS TO LEVERAGE THE BEST OPPORTUNITIES FOR KENTUCKY'S FUTURE. 2)CONTRIBUTE TO THE CREATION OF ENTREPRENEURIAL COMPANIES, JOBS AND THE INTERNATIONAL COMPETITIVENESS OF KENTUCKY'S ECONOMY. 3)PROMOTE TECHNOLOGY DEVELOPMENT AND TRANSFER AN INNOVATIVE MIND-SET CONDUCIVE TO ENTREPRENEURIAL DEVELOPMENT. 4)DEVELOP A MORE SYSTEMATIC APPROACH BY WHICH ALL LEVELS OF EDUCATION (PRIMARY THROUGH UNIVERSITY) CONTRIBUTE TO KENTUCKY INNOVATIONS.
TO CREATE AN INNOVATION-DRIVEN, ENTREPRENEURIAL ECONOMY IN KENTUCKY.
EDUCATION PROGRAMS-ADVANCEKENTUCKY IS A PROGRAM DESIGNED TO FUND TRAINING AND INCENTIVES FOR ADVANCED PLACEMENT (AP) AND PRE-AP COURSES IN MATH, SCIENCE, AND ENGLISH IN KENTUCKY HIGH SCHOOLS. THE PROGRAM PROVIDES EXTENSIVE TRAINING OF TEACHERS, IDENTIFICATION AND CULTIVATION OF LEAD TEACHERS, AND EXTENDED TIME ON TASKS FOR STUDENTS AND FINANCIAL INCENTIVES BASED ON ACADEMIC RESULTS TO EXPAND THE NUMBER OF KENTUCKY STUDENTS FROM ACROSS THE STATE TAKING AND EXCELLING IN THE VARIOUS MATH, SCIENCE, AND ENGLISH AP EXAMS.COLLEGE BOARD IS FUNDED BY A PRIVATE, NON-PROFIT ORGANIZATION ALSO NAMED THE COLLEGE BOARD. THIS PROGRAM HELPS INCREASE THE AVAILABILITY OF COMPUTER SCIENCE COURSES BY OFFSETTING THE COSTS OF RECRUITING AND TRAINING INSTRUCTORS ON TEACHING AN ADVANCED PLACEMENT COMPUTER SCIENCE PRINCIPLES COURSE TO HIGH SCHOOL STUDENTS.CODE.ORG IS FUNDED BY A PRIVATE, NON-PROFIT ORGANIZATION ALSO NAMED CODE.ORG. IN 2016, KSTC BECAME ONE OF CODE.ORG'S REGIONAL PARTNERS AND RECEIVED A THREE-YEAR GRANT TO HELP ENSURE ALL KENTUCKY'S K-12 STUDENTS HAVE THE OPPORTUNITY TO LEARN COMPUTER SCIENCE. THIS GRANT HELPS OFFSET THE COSTS OF RECRUITING AND TRAINING INSTRUCTORS ON TEACHING A COMPUTER SCIENCE FUNDAMENTALS COURSE TO ELEMENTARY STUDENTS AND A COMPUTER SCIENCE DISCOVERIES COURSE TO MIDDLE SCHOOL STUDENTS. VETERAN'S ACCELERATED LEARNING FOR LICENSED OCCUPATIONS (VALLO) IS FUNDED BY THE U.S DEPARTMENT OF LABOR EMPLOYMENT AND TRAINING ADMINISTRATION OFFICE. THIS PROGRAM WORKS WITH STATEWIDE LICENSING BOARDS AND POST-SECONDARY TRAINING INSTITUTIONS TO IDENTIFY OPPORTUNITIES TO STREAMLINE THE OCCUPATIONAL LICENSING PROCESS AND DEVELOP NEW ACCELERATED LEARNING PROGRAMS FOR THE PURPOSE OF HELPING VETERANS TRANSITION INTO CIVILIAN OCCUPATIONS QUICKER AND WITH LESS OBSTRUCTION.
ECONOMIC DEVELOPMENT PROGRAMSTHE KENTUCKY INNOVATION NETWORK PROGRAM/HEADQUARTERS IS ADMINISTERED BY KSTC AND FUNDED BY THE STATE THROUGH A CONTRACT WITH THE KENTUCKY CABINET FOR ECONOMIC DEVELOPMENT (CED). THE KENTUCKY INNOVATION NETWORK PROGRAM IS COMPOSED OF A SERIES OF CENTERS COORDINATED BY A STATEWIDE HEADQUARTERS, LOCATED AT KSTC. THE CENTERS ARE ENVISIONED AS PUBLIC/PRIVATE CATALYSTS THAT WILL PROVIDE BUSINESS-BUILDING AND RELATED SERVICES TO KENTUCKY ENTREPRENEURS, FACULTY, AND SCIENTISTS ACROSS THE STATE AND TO FACILITATE THE INNOVATION AND COMMERCIALIZATION PROCESS. IN SEPTEMBER 2017, KSTC WAS NOTIFIED BY CED OF ITS INTENT TO TRANSFER THE MANAGEMENT AND OVERSIGHT OF THE KENTUCKY INNOVATION NETWORK PROGRAM/HEADQUARTERS TO CE D'S OFFICE OF ENTREPRENEURSHIP. A CONTRACT BETWEEN CED AND KSTC WAS EXECUTED IN FEBRUARY 2018 FOR KSTC TO MANAGE THE TRANSITION OF THE PROGRAM THROUGH JUNE 30, 2018.THE KNOWLEDGE-BASED ECONOMY (KBE) FUNDS ARE A SERIES OF INVESTMENT FUNDS AIMED AT PROMOTING AND CAPITALIZING EARLY STAGE TECHNOLOGY COMMERCIALIZATION IN THE COMMONWEALTH OF KENTUCKY. KBE IS ADMINISTERED BY KSTC AND FUNDED BY THE STATE THROUGH A CONTRACT WITH THE COUNCIL ON POSTSECONDARY EDUCATION. THE FUNDS ARE DEDICATED TO INCREASING THE NUMBER OF HIGH TECHNOLOGY COMPANIES AND PRODUCTS IN KENTUCKY. COMPONENTS OF THIS PROGRAM INCLUDE THE KENTUCKY ENTERPRISE FUND PROGRAM, THE RURAL INNOVATION PROGRAM, AND THE KENTUCKY COMMERCIALIZATION PROGRAM. IN APRIL OF 2018 KENTUCKY'S LEGISLATURE TRANSFERRED THE FUNDING AND ADMINISTRATION OF THESE PROGRAMS FROM THE COUNCIL OF POSTSECONDARY EDUCATION (CPE) TO THE CABINET FOR ECONOMIC DEVELOPMENT (CED) FOR THE BIENNIUM BEGINNING JULY 1, 2018. IN JUNE OF 2018, CED INFORMED KSTC OF ITS INTENT TO TRANSFER ADMINISTRATION OF THESE PROGRAMS TO CED'S OFFICE OF ENTREPRENEURSHIP. IN JULY OF 2018, KSTC ENTERED A LETTER OF INTENT WITH CED TO CONTINUE TO SUPPORT EXISTING PROGRAM PARTICIPANTS AND EXECUTED A CONTRACT WITH CED IN JANUARY 2019 TO ASSIST WITH TRANSITIONING FUTURE PROGRAM ADMINISTRATION FROM KSTC TO CED.THE PROCUREMENT AND TECHNICAL ASSISTANCE (PTAC) PROGRAM IS FUNDED BY THE DEFENSE LOGISTICS AGENCY (DLA) OFFICE OF SMALL BUSINESS. PT A C'S OBJECTIVE IS TO WORK IN COOPERATION WITH STATES, LOCAL GOVERNMENTS AND BOTH PROFIT AND NONPROFIT ORGANIZATIONS TO EXPAND THE NUMBER OF BUSINESSES CAPABLE OF PARTICIPATING IN GOVERNMENT CONTRACTS.KENTUCKY AEROSPACE INDUSTRY CONSORTIUM (KAIC) IS FUNDED BY THE KENTUCKY COUNCIL OF MILITARY AFFAIRS (KCMA) THROUGH A FEDERAL GRANT FROM THE U.S. DEPARTMENT OF DEFENSE'S OFFICE OF ECONOMIC ADJUSTMENT. ITS MISSION IS TO CREATE AND ADMINISTER A CONSORTIUM OF AEROSPACE INDUSTRY PARTICIPANTS WHILE ALSO ASSISTING PARTICIPANTS IN MEETING QUALITY AND CYBER SECURITY STANDARDS MANDATED BY THE DEPARTMENT OF DEFENSE (DOD).KENTUCKY ALTERNATIVE FUEL & RENEWABLE ENERGY FUND PROGRAM (AFRE) IS FUNDED BY THE KENTUCKY CABINET FOR ECONOMIC DEVELOPMENT DEPARTMENT FOR COMMERCIALIZATION AND INNOVATION FOR KSTC TO ADMINISTER THE KENTUCKY ALTERNATIVE FUEL & RENEWABLE ENERGY FUND PROGRAM. THE PURPOSE OF THE PROGRAM IS TO ACCELERATE KNOWLEDGE TRANSFER AND TECHNOLOGICAL INNOVATION, IMPROVE ECONOMIC COMPETITIVENESS AND ECONOMIC GROWTH OF KENTUCKY-BASED COMPANIES, AND TO SUPPORT R & D ACTIVITIES THAT HAVE A CLEAR POTENTIAL TO LEAD TO COMMERCIALLY SUCCESSFUL PRODUCTS, PROCESSES, OR SERVICES SPECIFICALLY IN THE AREA OF ALTERNATIVE FUELS OR RENEWABLE ENERGY. THE PROGRAM ALSO ENCOURAGES PARTNERSHIPS AND COLLABORATIVE PROJECTS BETWEEN PRIVATE ENTERPRISES, KENTUCKY'S UNIVERSITIES, AND RESEARCH ORGANIZATIONS IN ALTERNATIVE FUELS AND RENEWABLE ENERGY.LT. GOVERNOR'S ENTREPRENEURIAL CHALLENGE (LGEC) IS FUNDED THROUGH A COMBINATION OF STATE GOVERNMENT GRANTS AND PRIVATE SECTOR DONATIONS. IT IS A TIERED BUSINESS PITCH COMPETITION FOR ALL KENTUCKY HIGH SCHOOL STUDENTS GRADES 9-12. IT IS INTENDED TO INTRODUCE STUDENTS TO A REALISTIC COMPETITIVE BUSINESS ENVIRONMENT, AS WELL AS PROMOTE BUSINESS OWNERSHIP AND LIFELONG LEARNING.IDEA STATE UNIVERSITY (ISU) IS A BUSINESS PLAN COMPETITION FUNDED BY THE KENTUCKY CABINET FOR ECONOMIC DEVELOPMENT TO CONDUCT A PROFESSIONAL, HIGH-QUALITY EVENT FOR STUDENT TEAMS AND ADVISORS FROM KENTUCKY'S PUBLIC UNIVERSITIES. COMPETITION AWARDS AND PRIZES ARE MADE TO STUDENTS AND VENTURES ON A COMPETITIVE BASIS BASED ON EVALUATIONS AND DECISIONS OF EXPERT JUDGES. IN JULY OF 2018, KSTC ENTERED INTO AN AGREEMENT TO ADMINISTER THE REMAINING ISU AWARDS FROM THE 2017 AND 2018 PROGRAM AND TRANSFER ALL RESPONSIBILITY FOR FUTURE ISU PROGRAMS TO THE CABINET FOR ECONOMIC DEVELOPMENT'S OFFICE OF ENTREPRENEURSHIP
RESEARCH AND DEVELOPMENT PROGRAMSKENTUCKY SBIR/STTR MATCHING FUNDS PROGRAM IS FUNDED BY THE KENTUCKY CABINET FOR ECONOMIC DEVELOPMENT DEPARTMENT (CED) FOR COMMERCIALIZATION AND INNOVATION AND AWARDS MATCHING FUNDS TO KENTUCKY-BASED FIRMS THAT RECEIVE FEDERAL SMALL BUSINESS INNOVATION RESEARCH (SBIR) AND SMALL BUSINESS TECHNOLOGY TRANSFER RESEARCH (STTR) PROGRAM AWARDS. THE PROGRAM ENCOURAGES GROWTH OF HIGH-QUALITY, ADVANCED TECHNOLOGY COMPANIES BY INCREASING R & D INTENSITY UNDER PHASE I TO MAKE KENTUCKY SMALL BUSINESSES MORE COMPETITIVE FOR PHASE II FUNDS, ALLOWING CONTINUED TECHNOLOGY AND BUSINESS DEVELOPMENT DURING PHASE I AND PHASE II GAP PERIOD, AND ADVANCING THE PROTOTYPE DEVELOPMENT AND TESTING FOR EARLY ENTRY INTO THE MARKET PLACE. IN SEPTEMBER 2017, KSTC WAS NOTIFIED BY CED OF ITS INTENT TO TRANSFER THE MANAGEMENT AND OVERSIGHT OF THE KENTUCKY SBIR/STTR MATCHING FUNDS PROGRAM TO CED'S OFFICE OF ENTREPRENEURSHIP. A CONTRACT BETWEEN CED AND KSTC WAS EXECUTED IN FEBRUARY 2018 FOR KSTC TO MANAGE THE TRANSITION OF THE PROGRAM THROUGH JUNE 30, 2018.THE ESTABLISHED PROGRAM TO STIMULATE COMPETITIVE RESEARCH (EPSCOR) ADMINISTRATION FROM THE COUNCIL ON POSTSECONDARY EDUCATION (CPE) REPRESENTS STATE FUNDS UNDER THE KENTUCKY INNOVATION ACT (KIA) FOR THE COORDINATION AND DEVELOPMENT OF EPSCOR. IN APRIL OF 2018 KENTUCKY'S LEGISLATURE TRANSFERRED THE EPSCOR'S FUNDING AND ADMINISTRATION TO THE CABINET FOR ECONOMIC DEVELOPMENT (CED). KSTC CONTINUED TO ADMINISTER THE EPSCOR PROGRAM THROUGH JUNE 30, 2018.THE KENTUCKY SCIENCE AND ENGINEERING FOUNDATION (KSEF) MISSION IS TO BUILD SCIENCE AND ENGINEERING CAPACITY AND EXCELLENCE BY INVESTING IN BASIC AND PRE-COMMERCIAL EMERGING RESEARCH AND DEVELOPMENT, TECHNOLOGICAL INNOVATION AND TRANSFER, AND HUMAN RESOURCE DEVELOPMENT IN KENTUCKY. THIS PROJECT IS ADMINISTERED BY KSTC AND FUNDED BY THE COMMONWEALTH OF KENTUCKY THROUGH A CONTRACT WITH THE COUNCIL ON POSTSECONDARY EDUCATION (CPE). A MAJOR COMPONENT OF THE FOUNDATION IS THE R & D EXCELLENCE PROGRAM. IN APRIL OF 2018 FUNDING FOR KSEF'S ADMINISTRATION WAS TRANSFERRED FROM THE COUNCIL OF POSTSECONDARY EDUCATION (CPE) TO THE CABINET FOR ECONOMIC DEVELOPMENT (CED) FOR THE BIENNIUM BEGINNING JULY 1, 2018. IN JUNE OF 2018, CED INFORMED KSTC OF ITS INTENT TO TRANSFER ADMINISTRATION OF THESE PROGRAMS TO CE D'S OFFICE OF ENTREPRENEURSHIP. IN JULY OF 2018, KSTC ENTERED A LETTER OF INTENT WITH CED TO CONTINUE TO SUPPORT EXISTING PROGRAM PARTICIPANTS AND EXECUTED A CONTRACT IN JANUARY 2019 TO ASSIST CED WITH TRANSITIONING FUTURE PROGRAM ADMINISTRATION FROM KSTC TO CED.THE FEDERAL AND STATE (FAST) PARTNERSHIP PROGRAM IS FUNDED BY THE SMALL BUSINESS ADMINISTRATION AND IS DESIGNED TO STIMULATE ECONOMIC DEVELOPMENT BY PROVIDING OUTREACH AND TECHNICAL ASSISTANCE TO SCIENCE AND TECHNOLOGY-DRIVEN SMALL BUSINESSES. THE PROGRAM ENCOURAGES PARTICIPATION BY SOCIALLY AND ECONOMICALLY DISADVANTAGED FIRMS BY HELPING THEM COMPETE IN THE SMALL BUSINESS INNOVATION RESEARCH (SBIR) AND SMALL BUSINESS TECHNOLOGY TRANSFER (STTR) PROGRAMS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Ft Samuel Jr | PRESIDENT | 45 | $205,563 |
| John Wehrle | CHIEF FINANCIAL OFFICER | 45 | $196,098 |
| Richard Johnson | TECH COMM EXEC | 45 | $153,389 |
| Darrall Henderson | PROGRAM MANAGER | 45 | $127,850 |
| Kelby Price | FUND DIRECTOR | 45 | $122,371 |
| Maria Labreveux | PROGRAM DIRECTOR OF R&D | 45 | $120,463 |
| Anthony Mires | DIRECTOR OF EDUCATION SERV | 45 | $119,967 |
| Steve Pelphrey | CHIEF FINANCIAL OFFICER | 45 | $113,530 |
| Lew Acampora | SR CONTENT DIRECTOR | 45 | $95,414 |
| Christopher Baker | CHIEF INFORMATION OFFICER | 45 | $95,394 |
| Barbara Flexter | OFFICE MANAGER | 45 | $92,121 |
| James W Gardner | DIRECTOR | 1 | $0 |
| Dr Eli Capilouto | DIRECTOR | 1 | $0 |
| Ms Susan Weiss | SECRETARY/TREASURER | 1 | $0 |
| Dr Bruce L Walcott | DIRECTOR | 1 | $0 |
| Dr K Daniel Seevers | DIRECTOR | 1 | $0 |
| Mr Mark Kristy | DIRECTOR | 1 | $0 |
| Ms Shiela Medina | DIRECTOR | 1 | $0 |
| Dr Gary Cox | DIRECTOR | 1 | $0 |
| Ms Joanna E Haas | DIRECTOR | 1 | $0 |
| Mr J Ronald Geoghegan | CHAIRMAN | 1 | $0 |
| Mr Arnold Gaither | DIRECTOR | 1 | $0 |
| Dr Blaine Ferrell | DIRECTOR | 1 | $0 |
| Mr Sam Burchett | VICE CHAIRMAN | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202022309349301012_public.xml